Direct Line up 38% after rejecting Aviva’s £4.1B takeover bid: here’s what analysts think about it

Direct Line Insurance Group’s shares jumped by as much as 38% on Thursday on the back of news that Aviva has made a £4.1 billion takeover bid for it that Direct Line has rejected, calling it “opportunistic” and undervaluing the company. The share price surge made Direct Line the top riser on the FTSE 250 […]